Nakheel

Nakheel Group launches USD 2.5 billion Sukuk

Saturday, January 7, 2006

The Nakheel Group today announced the launch of US$ 2.5 billion Sukuk. The Sukuk will conform to the principles of Islamic Sharia and will be based on an Ijara (lease financing) structure. Dubai Islamic Bank and Barclays Capital are the Lead Underwriters and Joint Bookrunners for the offering. Dubai World is guaranteeing the payment... »